MLM Junction

The Central Terminus For News And Information About The MLM And Network Marketing Industries

Saturday, August 05, 2006

MLM Company Herbalife To Present At Canaccord Adams Conference

MLM company Herbalife Ltd. Chief Financial Officer Rich Goudis will participate in the Canaccord Adams 26th Annual Summer Seminar on Wednesday, August 9, 2006 at the Boston Marriott Long Wharf Hotel in Boston, Mass.

Canaccord Adams has scheduled a live webcast of the presentation beginning at approximately 11:00 a.m. ET. The webcast can be accessed on the investor relations section of the company's Web site at www.herbalife.com, and will be maintained there for two weeks.

Friday, August 04, 2006

MLM Company Herbalife Q2 Results

MLM company Herbalife Ltd. announced second quarter results , reporting earnings that rose from last year, attributable to double-digit net sales growth and lower interest expense.

For the second quarter, the company posted earnings of $36.3 million or $0.49 per share in the second quarter, compared to $22.8 million or $0.32 per share in the corresponding quarter of the prior year.

Thursday, August 03, 2006

MLM Company USANA - Webcast Of Canaccord Adams Presentation

MLM company USANA Health Sciences Inc. announced today that it will deliver a presentation at the 26th Annual Canaccord Adams Summer Seminar in Boston. David Wentz, president, and Gil Fuller, CFO, are scheduled to present to leading institutional investment representatives on Tuesday, August 8, 2006, at 2 p.m. ET at the Boston Marriott Long Wharf Hotel.

Wentz and Fuller will join executives from nearly 200 public and private companies for the Summer Seminar, one of the longest-running institutional events focused exclusively on growth companies.

Those interested in listening to the webcast may access it through USANA's Web site at http://www.usanahealthsciences.com. An archived replay of the presentation will also be available approximately one hour following the live presentation at the company's Web site and will remain accessible for 90 days.

MLM Company Herbalife Reports Q2 Results

MLM company Herbalife Ltd., which makes nutritional supplements, diet and personal care products, said Wednesday its second-quarter profit increased 60 percent, buoyed by strong sales in the Americas.

Quarterly earnings rose to $36.3 million, or 49 cents per share, from $22.8 million, or 32 cents per share during the same period last year.

MLM In China - Latest Direct Sales Licences

Dalian-based nutrition products producer Zhen-ao is the first domestic company to be awarded a direct sales licence.

The company said yesterday on its website the Ministry of Commerce had approved its application for direct selling on July 31.

US firm Nu Skin Enterprises also announced yesterday it had been granted a licence for direct sales.

Reports said the second batch of direct sales licences also includes domestic nutrition products company Ant Power and Hong Kong-invested Pro-Healthcare. Official information from the commerce ministry is not yet available.

Tuesday, August 01, 2006

MLM Company Herbalife Extends Cycling Sponsorship

MLM company Herbalife Ltd., a global nutrition MLM and direct selling company, is extending its involvement in the sport of cycling with the announcement of two major new sponsorship deals.

The company will be the official nutrition sponsor of Team Hoydahl, Norway's premier professional mountain bike team. In South Africa, Herbalife has signed as associate sponsor of the 10th Pick 'n Pay 94.7 Cycle Challenge in Johannesburg, taking place in November, one of the world's largest mass participation cycling events and the second largest timed cycling event in the world, with approximately 30,000 cyclists from around the world expected.